LF logo
by learnformula
search
Log in
search
Courses/Accounting & Tax/Estate Taxation

Rural Tax Advanced - Dissolution & Changes in Ownership

Explore tax rules for changes in partnership or LTC ownership, including de minimis rules, purchase price allocation, and primary sector-specific considerations.

Created byTEO Training
BeginnerUpdated Jan 18, 2025
Rural Tax Advanced - Dissolution & Changes in Ownership

What You'll Learn

check_circleConfidently advise clients on tax issues related to changes in their ownership structures.
check_circleUnderstand and apply the various "de minimis" rules.
check_circleIdentify other parts of the Tax Act that may apply to ownership changes.
check_circleRecognize the specific tax rules relevant to the primary sector and how they impact ownership transitions.

About This Course

Changes in the partners or shareholders of a partnership or LTC (Look-Through Company), or the dissolution of these entities, are typically considered taxable events. This course will help you understand the tax implications of these changes and how to address them.

Main Focus Areas:

  • Overview of the specific tax rules related to changes in ownership and what the small-change ("de minimis") rules entail.
  • Exploration of other relevant tax rules, particularly the purchase price allocation rules.
  • Understanding primary sector-specific tax rules and how they apply to ownership changes in this context.
  • Practical examples to demonstrate the application of these rules.

 

Suitable for: This course is ideal for senior primary sector accountants and tax-aware intermediate-level accountants who deal with ownership structures in partnerships or LTCs.

Your Instructors

TEO Training
TEO Training
menu_book204 courses
star214 reviews

TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.

Jim Gordon
Jim Gordon

Director, Jim Gordon Tax Ltd

Jim Gordon FCA started preparing farm accounts in 1974. He has been involved with almost all of the primary sector tax reforms since 1986. Jim brings a wide range of both theoretical and practical experience to his presentations.

Credit Information

What Students Are Saying

0.0
Student's Choice
0 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.